Core Viewpoint - Mengniu Dairy (02319) announced a share buyback plan, intending to repurchase 200,000 shares at a cost of HKD 3.0486 million, scheduled for September 16, 2025 [1] Company Summary - The company is engaging in a share repurchase, which indicates a strategy to enhance shareholder value and potentially signal confidence in its financial health [1]

FF305 公司名稱： 中國蒙牛乳業有限公司 呈交日期： 2025年9月16日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02319 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存 ...

Core Viewpoint - The implementation of the revised national food safety standard for sterilized milk mandates that pure milk production must solely use raw milk, rendering products containing reconstituted milk as non-compliant [1][2]. Group 1: Industry Response - During the 6-month transition period, dairy companies are employing various strategies to eliminate non-compliant products, with retail channels being the primary focus for clearance [2]. - Major brands like Bright Dairy and Yili have proactively removed products containing reconstituted milk from shelves, utilizing promotions to clear remaining stock by the end of August [2]. - Smaller dairy companies are converting non-compliant products into fortified milk, while some are resorting to destruction of unsold products, ensuring compliance with regulations [2]. Group 2: Company Strategies - Leading companies such as Mengniu, Yili, and Bright Dairy have adapted their supply chains to meet the new standards, with Mengniu reporting a 100% raw milk procurement rate and plans to cease the use of reconstituted milk by the end of 2024 [3]. - Smaller enterprises are restructuring their supply chains, with some signing contracts for significant raw milk supplies, resulting in cost reductions compared to reconstituted milk [3]. - The industry is collectively updating product labels to remove references to reconstituted milk, focusing on terms like "pure milk" [3]. Group 3: Regulatory Actions - Regulatory authorities are initiating special inspections to verify compliance with the new standards, focusing on raw material procurement records and production processes [4]. - Non-compliant companies face penalties up to ten times the value of the goods involved, emphasizing the importance of adherence to the new regulations [4]. - The new regulations allow for the continued use of reconstituted milk in products like yogurt and cheese, provided that ingredient lists are properly labeled, thus balancing industry standards with resource management [4].

今年以来该股累计进行76次回购，合计回购1886.80万股，累计回购金额3.16亿港元。（数据宝） 蒙牛乳业回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.09.15 | 20.00 | 15.380 | 15.210 | 306.36 | | 2025.09.12 | 30.00 | 15.310 | 15.160 | 456.77 | | 2025.09.11 | 11.80 | 15.240 | 15.140 | 179.55 | | 2025.09.10 | 20.00 | 15.030 | 14.990 | 300.29 | | 2025.09.08 | 12.00 | 15.040 | 14.990 | 180.06 | | 2025.09.05 | 40.00 | 15.140 | 14.930 | 602.80 | | 2025.09.04 | 60.00 | 15.030 | 14.890 | 898.00 | | 2025.09.03 | 70 ...

6892.3万元补助资金已精准落地，856个技术交易项目获得有力支撑……日前，内蒙古自治区科技厅正 式公布2025年度内蒙古自治区技术交易后补助项目清单。"真金白银"的支持让政策从"纸上"落到"账 上"，成为撬动区域科技成果转化的重要支点。 技术交易后补助，是指对已在内蒙古自治区内企事业单位完成的有偿技术转移转化交易及相关服务给予 的激励性、普惠性补助，分为交易方后补助和服务方后补助。补助主要面向自治区内开展科技成果转移 转化活动的三类主体：科技成果需求方、科技成果供给方以及技术转移服务机构。作为一项兼具激励性 与普惠性的创新政策，技术交易后补助正通过精准滴灌，为内蒙古企业的技术升级注入活力，为区域经 济高质量发展培育新动能。 企业迎来"及时雨" 夏秋之交，科技日报记者走进内蒙古金宇保灵生物药品有限公司（以下简称"金宇保灵"）的全球最大口 蹄疫灭活疫苗生产车间，首先映入眼帘的是智能制造总控室。巨大的电子显示屏上，各项数据实时更 新，疫苗纯化的进度、合格率等关键信息清晰可见。 这样的智能化生产场景，正是金宇保灵在技术研发领域持续发力的注脚。近年来，金宇保灵的"朋友 圈"与"成果单"同步扩容，与广东蓝玉生物科技有 ...

Group 1 - The company Mengniu Dairy (02319) announced a share buyback plan, intending to repurchase 200,000 shares at a cost of approximately HKD 3.0636 million [1]

格隆汇9月15日丨蒙牛乳业(02319.HK)发布公告，2025年9月15日耗资306.3万港元回购20万股，回购价 格每股15.21-15.38港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國蒙牛乳業有限公司 呈交日期： 2025年9月15日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02319 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存 ...

Core Insights - The China International Fair for Trade in Services (CIFTIS) was held from September 10 to 14, 2023, in Beijing, featuring the 2025 Global Brand Economy Conference where Mengniu Group showcased its high-end brand "Telunsu" and its 20-year journey in creating "golden milk" through an industry chain approach [1] - Mengniu was recognized in the conference as one of the case studies in the report and awarded the title of "Most Valuable Brand of 2025" [1] - During the event, Mengniu and Huati Group established a strategic partnership to enhance collaboration across various dimensions, aiming to integrate the sports industry with the dairy sector in China [1] Company Developments - Mengniu emphasizes quality and sustainability, transforming natural endowments into brand value through a collaborative and sustainable development model [1] - All nine product categories under Mengniu have received EU food safety certification, establishing the company as a leader in compliance [1] - The high-end fresh milk brand "Daily Fresh" offers products that exceed EU standards, while "Telunsu" has achieved annual sales exceeding 30 billion yuan [1] Market Expansion - The ice cream brand "Aixue" maintains a leading position in Southeast Asia and is expanding into Africa and Latin America, with a market share of 34% in Indonesia [1] - The organic milk powder brand "Bellamy" is set to complete its product line upgrade by mid-2025, with new products launching in Australia and Vietnam [1] - These brands collectively form a diverse, high-quality international product matrix for Mengniu [1] Future Outlook - Mengniu plans to continue leveraging an "industry chain thinking" approach to solidify its foundation for world-class quality and aims to build a globally recognized brand while leading the Chinese dairy industry onto the global stage [2]

Group 1 - The fourth "Mai Sheng Cup" media football championship, organized by Mengniu Group, concluded successfully, highlighting its role in connecting media and the industry while promoting positive energy in sports [1][3] - Mengniu Group's executive, Li Pengcheng, emphasized the importance of the event in showcasing Chinese sports on the global stage, especially with upcoming major sports events like the Milan Winter Olympics and the North America World Cup [1][3] - The event featured a new charitable initiative where for every goal scored, Mengniu donated a set of football gear to children in rural areas, resulting in a total of 308 sets donated based on the 308 goals scored during the tournament [5][9] Group 2 - The tournament included awards for the champion, runner-up, and third place, along with individual accolades for the best player, top scorer, and best goalkeeper, symbolizing the dedication of media professionals to football [7] - Over the past four years, Mengniu has successfully integrated sports events with charitable actions, enhancing the emotional connection between the industry and media while promoting the development of football in China [9]